Petrofac boss tells supply chain it needs to ‘justify’ renewables local content targets

A senior figure at energy services giant Petrofac (LON: PFC) has challenged the energy supply chain to earn its right to secure work on low carbon schemes.

John Pearson, the company’s chief operating officer, says businesses cannot simply sit and “wait for the money to roll in”.

He told attendees at Offshore Energies UK’s 2022 Business Outlook launch in Aberdeen on Tuesday that there is an imperative to “tool ourselves up” to be “worthy” of work as and when it comes.

Read the full story here.

Photo Credit: Energy Voice.